5 Del. C. § 1912: Limitation on loans not secured by first mortgage on real estate.
Where this section sits in the code
- Title 5. Banking
- Building and Loan Associations
- CHAPTER 19. Powers and Conduct of Business
Not more than 50 percent of the shareholders’ invested capital in any building and loan association doing business in this State shall be loaned on real estate security on other than first liens.
Collected 2026-09-05T23:02:05Z. Source file · JSON